With Britain’s Bribery Act taking effect in July, enforcement of the U.S. Foreign Corrupt Practices Act at an all-time high, and similar laws either on the books already or likely to be there shortly in many other countries such as China and India, it’s no surprise that compliance officers worry almost nonstop about bribery and corruption risks today.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...